_______________________________________________________________________________________________________________
Hello Everyone,
We are back with another exciting profile that we want you to research for Today’s session.
This is another company that we have never profiled on our newsletter before that is fairly new to the market.
Pull up SRFM Immediately and start your research.
This one has seen strong YOY growth and already has significant revenues coming in the door. Surf Air Mobility is a Los Angeles-based regional air mobility platform seeking to expand the category of regional air travel by reinventing flying through the power of electrification. In an effort to substantially reduce the cost and environmental impact of flying and as the operator of the largest commuter airline in the US by scheduled departures, Surf Air Mobility intends to develop proprietary powertrain technology with its commercial partners to electrify existing fleets and bring electrified aircraft to market at scale.
Instead of building a new electric aircraft completely from scratch, which could take decades, Surf Air Mobility is partnering with aviation manufacturing giant Textron Aviation and leading aviation tech innovator AeroTEC to developing revolutionary new technology to support in upgrading the widely popular Cessna Grand Caravan aircraft with fully electric and hybrid-electric powertrains, once certified.
Surf Air Mobility has already made major strides in its global expansion plans, signing several significant deals with aircraft operators to upgrade the widely popular Cessna Grand Caravan aircraft with fully electric and hybrid-electric powertrains in key global markets.
Let’s take a look at some of the Major Strengths Surrounding SRFM:
Green Regional Air Travel: Surf Air Mobility (NYSE:SRFM) is aiming to be the first to commercialize green regional air travel, presenting a major leap forward in sustainable transportation. Their focus on electric airplanes could redefine short-haul flights, making air travel more affordable for more people in more places.
Large Addressable Market: The market potential for regional air mobility is significant, with an estimated global total addressable market (TAM) of $ ~75-115 billion by 2035.
Largest Commuter Airline in the US: Surf Air Mobility is already the largest commuter airline in the US by scheduled departures, flying over 450,000 passengers on ~75,000 flights to 48 destinations in the US in 2022.
Unique Business Model: Surf Air Mobility offers a comprehensive approach with an integrated platform model that supports the expansion of both sides of the equation: passengers (B2C) and aircraft operators (B2B).
Diversified Revenue Streams: Surf Air Mobility (NYSE:SRFM), which has reported ~$101M in revenue in 2022, operates across multiple revenue streams which include scheduled air service, recurring government contracts through the Essential Air Service (EAS) program, and off-fleet on-demand operations.
Strategic Partnerships: The company has strong commercial relationships with industry leaders across the value chain including Palantir Technology, Textron Aviation, Jetstream Aviation Capital.
Approximately 21% of all US flights are now being delayed or canceled. So even after you’ve gone through the hassle of getting to the airport 2-3 hours prior to departure, your flight isn’t even guaranteed.
Since the beginning of 2024, there have been an average of 21,445 delays across the world every day, including over 4,000 traveling within, into, or out of the US.
What's astonishing is that while there are more than 5,000 regional airports in the US, but only 30 airports handle ~70% of the country's air travel. Surprisingly, major airlines either cannot or are unwilling to utilize these smaller airports. Thankfully, a solution is emerging in the form of regional air mobility (RAM), with the potential to provide a new kind of mass transit alternative.
At the forefront of this revolutionary new aviation trend is Surf Air Mobility Inc. (NYSE:SRFM), which owns the largest commuter airline in the US by scheduled departures.
Surf Air is replacing long drives and overcrowded commercial airports with seamless point-to-point air travel by expanding its already-established network and connecting underutilized regional airports across the US.
But it’s not just its leadership in regional travel that could make this company such a game changer. Surf Air Mobility believes it can completely transform regional flying through the power of electrification.
By partnering with the largest general aviation manufacturer Textron Aviation and AeroTEC, a leader in aviation technology, Surf Air Mobility (NYSE:SRFM) seeks to gain a first-mover advantage in the new age of aviation.
Instead of building a new electric aircraft completely from scratch, which could take decades, Surf Air plans to use existing aircraft that are already flying today and swap out their engines for hybrid or fully electric powertrains.
With an established customer base, a faster, practical path to electrification certification and an impressive roster of partners, Surf Air Mobility (NYSE:SRFM) believes it is uniquely positioned to be the first company to commercialize green regional air travel.
Surf Air Mobility (NYSE:SRFM) is gearing up for an exciting 2024, with a string of strategic moves.
Some recent strategic moves from Surf Air Mobility (NYSE:SRFM) include restructuring its capital structure with GEM (the amended agreement is intended to reduce near-term overhang, impose a volume restriction, and increase flexibility to redeem), increasing its global presence with operator partnerships in East Africa and Brazil, and adding more subsidized commuter routes with planned launches in the future.
Some recent strategic moves from Surf Air Mobility (NYSE:SRFM) include restructuring its capital structure with GEM, increasing its global presence with operator partnerships in East Africa and Brazil, and bolstering its multiple revenue streams through additional lower-risk, subsidized commuter routes with planned launches in the future.
In the ever-evolving realm of aviation, Surf Air Mobility Inc. (NYSE:SRFM) stands out with its forward-looking approach towards a new kind of mass transit solution.
A new way to travel made possible by electrification, lowering the cost of smaller planes and making them accessible in more places for more people.
Electric aircraft promise to be more cost-effective. By reducing or removing expensive, polluting jet fuel from the equation and replacing it with electric batteries, operations become leaner, greener, and more financially sound. Similar to what’s been unfolding over the last decade with cars, this same evolution is beginning to shape the future of air travel as well.
What’s more, by connecting more places with seamless, quick flights it can take people off the roads and put them into the sky, leading to less pollution traffic, and happier travelers.
In short, cars are a slower solution and big planes are an expensive and tedious solution. Surf Air Mobility Inc. (NYSE:SRFM) is the best of all worlds. It also has the potential to be better for the planet too.
Here’s a closer look at the company’s multi-pronged strategy to transform the skies:
After the strategic acquisition of Southern Airlines, Surf Air Mobility hit the ground running with an operational fleet of 50 aircraft at its disposal.
But Surf Air doesn't stop there. The company has also entered into an exclusive agreement with AeroTEC. This strategic alliance is designed to fast-track the development and certification process of its commercial electric aircraft technology through what’s called a Supplemental Type Certification (STC).
And we’ve already seen examples of electrified technology take flight. Thanks to a separate project from AeroTEC, a fully-electrified Cessna Grand Caravan has already been flown on a demonstration flight. This successful demonstration was tangible proof that the technology is feasible.
Thanks to a separate project from AeroTEC, a fully-electrified Cessna Grand Caravan has already been flown on a demonstration flight. This successful demonstration was tangible proof that the technology is feasible.
What truly distinguishes Surf Air Mobility (NYSE:SRFM) from other companies in the space is the company’s strategic approach. Instead of constructing new aircraft from scratch, they're focusing on electrifying existing aircrafts. Specifically, the Cessna Grand Caravan. By upgrading planes that have already been transporting thousands of passengers across the US, they believe they're taking a practical, efficient route to electric aviation.
Some of the clear advantages that set Surf Air (NYSE:SRFM) apart include:
- Exclusive Partnerships: Their unique relationship with Textron Aviation, the largest general aviation manufacturer, gives them access to expertise and resources
- in order to help bring their electric vision to life.
- Existing Infrastructure: With an established customer base and pre-existing routes, Surf Air doesn't have to start from zero. They're already integrated into the aviation ecosystem. Not to mention the ~5,000 underutilized regional airports that already exist in the US.
- Speed to Market: By upgrading existing aircraft with new electric and hybrid engines, Surf Air Mobility has the potential to bring its electrified aircraft to market quicker than those building from scratch.Their first-generation fully-electric powertrain technology could revolutionize the industry once certified, with targets to slash direct operating costs by up to 50% and eliminating 100% of direct carbon emissions.
Surf Air Mobility (NYSE:SRFM) has already inked strategic supply deals with air operators in East Africa and Brazil to develop electric fleets.
On January 4, Surf Air Mobility unveiled a groundbreaking agreement with Safarilink and Yellow Wings Air Services, aimed at reshaping air travel across Kenya and Tanzania, and extensively throughout East Africa's airfields. This electrifying partnership positions Surf Air Mobility at the vanguard of aviation innovation, as it plans to bring its revolutionary electrified powertrain technology to African operators, Safarilink and Yellow Wings. With these operator agreements to upgrade their existing Cessna Grand Caravan aircraft fleets with their cutting-edge, proprietary technology once certified, Surf Air Mobility (NYSE:SRFM) is not just expanding its global presence, but also pioneering a new era in sustainable aviation globally.
This trailblazing move follows closely on the heels of last year's similar pact with Azul, Brazil's largest airline, underscoring Surf Air Mobility's commitment to transform a fleet of up to 27 Cessna Caravans. Their first-generation fully-electric powertrain technology is set to revolutionize the industry, with targets to slash direct operating costs by up to 50% and achieving the remarkable feat of eliminating 100% of direct carbon emissions. This will mark a significant leap towards a cleaner, more efficient, and more sustainable future in air travel.
While several companies are vying for a share of the emerging electric aviation market, Surf Air Mobility (NYSE:SRFM) distinguishes itself in critical ways that offer tangible value to both consumers and investors. Unlike Joby Aviation, BETA Technologies, Archer Aviation, and Lilium N.V.—all of which are pre-revenue from a consumer service—Surf Air Mobility boasted a revenue of ~$101 million in 2022.
And unlike Blade Air Mobility, which lacks its own electrified IP, Surf Air Mobility is developing proprietary electric technology and is already offering consumer services.
Please Read the Full Profile Here: https://insiderfinancial.com/newalert
Sincerely,
DISCLAIMER
THIS WEBSITE/NEWSLETTER IS A PUBLICATION OF ONE22 MEDIA, LLC, HEREIN REFERRED TO AS O22. O22’S REPORTS/RELEASES ARE A COMMERCIAL ADVERTISEMENT AND ARE FOR GENERAL INFORMATIONAL PURPOSES ONLY.O22 IS ENGAGED IN THE BUSINESS OF MARKETING AND ADVERTISING COMPANIES FOR MONETARY COMPENSATION.
WE HAVE BEEN COMPENSATED A FEE OF TWENTY TWO THOUSAND FIVE HUNDRED USD BY A THIRD PARTY, LFG EQUITIES CORP FOR A 1 DAY SRFM AWARENESS CAMPAIGN.
BY SUBSCRIBING TO OR OTHERWISE USING THIS WEBSITE/NEWSLETTER, YOU AGREE TO HOLD O22 AND ITS OPERATORS, OWNERS, AND EMPLOYEES HARMLESS AND TO COMPLETELY RELEASE THEM FROM ANY AND ALL LIABILITY DUE TO ANY AND ALL LOSS, DAMAGE, OR INJURY THAT YOU MAY INCUR, MONETARY OR OTHERWISE.
INVESTING IN MICRO-CAP AND GROWTH SECURITIES IS HIGHLY SPECULATIVE AND CARRIES AN EXTREMELY HIGH DEGREE OF RISK. NEVER INVEST IN ANY STOCK FEATURED ON O22’S SITE OR NEWSLETTER UNLESS YOU CAN AFFORD TO LOSE YOUR ENTIRE INVESTMENT. THE DISCLAIMER IS TO BE READ AND FULLY UNDERSTOOD BEFORE USING O22’S SERVICES, JOINING O22’S SITE OR EMAIL/BLOG LIST, OR FOLLOWING ANY SOCIAL NETWORKING PLATFORMS O22 MAY USE.
PLEASE NOTE WELL: O22 IS NOT A REGISTERED INVESTMENT ADVISOR, BROKER DEALER OR A MEMBER OF ANY ASSOCIATION FOR OTHER RESEARCH PROVIDERS IN ANY JURISDICTION WHATSOEVER. O22 IS NOT AFFILIATED WITH ANY EXCHANGE, ELECTRONIC QUOTATION SYSTEM, THE SECURITIES AND EXCHANGE COMMISSION, OR FINRA. NONE OF THE MATERIALS OR ADVERTISEMENTS HEREIN CONSTITUTE OFFERS OR SOLICITATIONS TO PURCHASE OR SELL SECURITIES OF THE COMPANIES PROFILED.
THE INFORMATION CONTAINED HEREIN IS BASED ON INFORMATION SUPPLIED BY THE COMPANIES PROFILED, PUBLICLY AVAILABLE INFORMATION, PRESS RELEASES, AND OTHER SOURCES WHICH O22 BELIEVES TO BE RELIABLE, BUT IS NOT GUARANTEED BY O22 AS BEING ACCURATE AND DOES NOT PURPORT TO BE A COMPLETE STATEMENT OR SUMMARY OF THE AVAILABLE DATA. O22 IS NOT RESPONSIBLE FOR ANY CLAIMS MADE BY THE COMPANIES PROFILED. INVESTORS SHOULD NOT RELY ON THE INFORMATION CONTAINED IN THIS WEBSITE/NEWSLETTER IN DECIDING TO INVEST OR MAKE OTHER FINANCIAL DECISIONS. RATHER, INVESTORS SHOULD USE THE INFORMATION CONTAINED IN THIS WEBSITE/NEWSLETTER AS A STARTING POINT FOR DOING ADDITIONAL INDEPENDENT RESEARCH ON THE FEATURED COMPANIES. O22 STRONGLY ENCOURAGES READERS AND INVESTORS TO CONDUCT A COMPLETE AND INDEPENDENT INVESTIGATION OF THE RESPECTIVE COMPANIES, INCLUDING BY REVIEWING SEC FILINGS (FORMS 10-Q, 10-K, 8-K, 3, 4, 5, SCHEDULE 13D) AND BY CONSULTING YOUR OWN TAX, BUSINESS, FINANCIAL, AND INVESTMENT ADVISORS.
THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 PROVIDES A SAFE HARBOR IN REGARD TO FORWARD-LOOKING STATEMENTS. ANY STATEMENTS THAT EXPRESS OR INVOLVE DISCUSSIONS WITH RESPECT TO PREDICTIONS, EXPECTATIONS, BELIEFS, PLANS, PROJECTIONS, OBJECTIVES, GOALS, ASSUMPTIONS OR FUTURE EVENTS OR PERFORMANCE ARE NOT STATEMENTS OF HISTORICAL FACT, AND MAY BE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON EXPECTATIONS, ESTIMATES, AND PROJECTIONS AT THE TIME THE STATEMENTS ARE MADE THAT INVOLVE A NUMBER OF RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS OR EVENTS TO DIFFER MATERIALLY FROM THOSE PRESENTLY ANTICIPATED. FORWARD-LOOKING STATEMENTS MAY BE IDENTIFIED THROUGH USE OF WORDS SUCH AS PROJECTS, FORESEES, EXPECTS, ANTICIPATES, ESTIMATES, BELIEVES, UNDERSTANDS, MAY, COULD, OR MIGHT. THERE IS NO GUARANTEE THAT PAST PERFORMANCE WILL BE INDICATIVE OF FUTURE RESULTS.
Insider Financial
1337 Mass. AveBox 211
Arlington, MA 02476
No comments:
Post a Comment